Husqvarna Group - One Of The World's Most Sustainable Companies According To TIME And Statista

STOCKHOLM, July 8, 2024 /PRNewswire/ -- Husqvarna Group has been acknowledged by TIME and Statista as one of the world's most sustainable companies in their 2024 ranking. When TIME and Statista acknowledged the 500 companies Doing best for the Earth in 2024, Husqvarna Group achieved an impressive ranking of 183rd. The recognition follows a rigorous evaluation process that assessed the world's 5,000 leading companies across various sectors.

To qualify, the companies at the top of the list have signed on to some of the most respected climate programs, including the 1.5°C target from the Science Based Targets initiative (SBTi), and receive high scores from CDP (formerly the Carbon Disclosure Project). TIME and Statista's ranking of the world's most sustainable companies aims to identify organizations making substantial progress in environmental sustainability. The ranking evaluates companies based on a combination of quantitative and qualitative data collected in, among them Scope 1 and 2 emissions and energy consumption relative to company size, emissions reductions, and proportion of renewable energy used by the company's operations.

With more than 90% of its emissions originating from end-users, Husqvarna Group recognizes the critical importance of electrification in reducing its overall carbon footprint:

"Reducing carbon emissions is essential for combating climate change. Our dedication to sustainability drives our innovation and transformation, ensuring we provide low-carbon and resource smart solutions to our customers. Husqvarna Group is proud to be one of the highest-ranked companies in the world, showcasing leadership and dedication to sustainability on a global stage," says Calle Medin, Head of Sustainability at Husqvarna Group.

Husqvarna Group has made remarkable strides in its sustainability journey, reducing its emissions by 51% since the base year 2015, while also achieving a 47% growth in business. The company is actively transforming its business model by shifting from petrol to battery-powered products. As of 2023, 43% of Husqvarna Group's motorized products are electrified, up from 11% in 2015. The Group aims to electrify two-thirds of its motorized products by 2026.

Learn more about the methodology and see the full list of companies here.

For further information, please contact:

Henrik Sjöström, Head of External Communication

+46 727 15 77 85

press@husqvarnagroup.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/husqvarna-group/r/husqvarna-group---one-of-the-world-s-most-sustainable-companies-according-to-time-and-statista,c4012062

The following files are available for download:

https://mb.cision.com/Main/996/4012062/2904697.pdf	Husqvarna Group - One of the World's Most Sustainable Companies according to TIME and Statista
https://news.cision.com/husqvarna-group/i/calle-medin-web,c3317992	Calle Medin web

View original content:https://www.prnewswire.com/news-releases/husqvarna-group---one-of-the-worlds-most-sustainable-companies-according-to-time-and-statista-302190548.html

SOURCE Husqvarna Group

First published on Mon, Jul 8, 2024

Enjoyed what you've read so far? Great news - there's more to explore!

Stay up to date with the latest news, a vast collection of tech articles including introductory guides, product reviews, trends and more, thought-provoking interviews, hottest AI blogs and entertaining tech memes.

Plus, get access to branded insights such as informative white papers, intriguing case studies, in-depth reports, enlightening videos and exciting events and webinars from industry-leading global brands.

Dive into TechDogs' treasure trove today and Know Your World of technology!

Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs' members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs' Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. While we aim to provide valuable and helpful information, some content on TechDogs' site may not have been thoroughly reviewed for every detail or aspect. We encourage users to verify any information independently where necessary.

Tags:

Husqvarna Group Science Based Targets Initiative (SBTi) Data Collected Carbon Disclosure Project

Join The Discussion

Propelr Named One Of 2025'S Best Enterprise LMS Platforms By Talented Learning

24 Exchange Appoints Gina Tuccio As Chief Financial Officer

Cyble And Botswana Communications Regulatory Authority (BOCRA) Sign Mou To Advance National Cybersecurity In Botswana

HOPPR Introduces Its AI Foundry: A Scalable, Secure Platform Accelerating The Development Of AI In Medical Imaging

Kia's All-Electric PV5 Secures Industry's Most Prestigious LCV Award